Donald Smith & CO. Inc. Makes New Investment in West Fraser Timber Co. Ltd. $WFG

Posted by Francis Steltz on Aug 22nd, 2026

Donald Smith & CO. Inc. bought a new stake in West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,629,983 shares of the company’s stock, valued at approximately $110,334,000. West Fraser Timber accounts for about 2.0% of Donald Smith & CO. Inc.’s holdings, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of West Fraser Timber by 72.2% during the 1st quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock worth $29,000 after acquiring an additional 184 shares in the last quarter. EFG International AG acquired a new position in West Fraser Timber during the fourth quarter valued at approximately $31,000. Physician Wealth Advisors Inc. raised its position in West Fraser Timber by 177.0% during the first quarter. Physician Wealth Advisors Inc. now owns 579 shares of the company’s stock valued at $38,000 after purchasing an additional 370 shares in the last quarter. Aegis Financial Corp bought a new stake in West Fraser Timber during the first quarter worth $205,000. Finally, Jain Global LLC bought a new stake in West Fraser Timber during the third quarter worth $224,000. 40.23% of the stock is currently owned by institutional investors and hedge funds.

West Fraser Timber Stock Performance

NYSE WFG opened at $69.69 on Friday. The firm’s fifty day moving average price is $68.62 and its two-hundred day moving average price is $66.78. The stock has a market cap of $5.46 billion, a PE ratio of -4.51 and a beta of 1.00. West Fraser Timber Co. Ltd. has a fifty-two week low of $57.34 and a fifty-two week high of $76.99. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.83 and a current ratio of 2.06.

West Fraser Timber (NYSE:WFG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.70) by ($0.08). West Fraser Timber had a negative return on equity of 10.84% and a negative net margin of 22.98%.The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.45 billion. On average, equities analysts expect that West Fraser Timber Co. Ltd. will post -3.77 EPS for the current fiscal year.

West Fraser Timber Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Thursday, June 25th were given a dividend of $0.32 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. West Fraser Timber’s payout ratio is currently -8.29%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WFG. Wall Street Zen upgraded West Fraser Timber from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded West Fraser Timber from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, July 31st. TD Cowen dropped their price objective on West Fraser Timber from $88.00 to $86.00 and set a “buy” rating for the company in a research report on Friday, May 1st. TD Securities reaffirmed a “buy” rating on shares of West Fraser Timber in a research note on Friday, July 31st. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of West Fraser Timber in a research report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $83.20.

Read Our Latest Research Report on WFG

About West Fraser Timber

(Free Report)

West Fraser Timber Co Ltd. (NYSE: WFG) is a leading North American diversified wood products company headquartered in Vancouver, British Columbia. The company operates a broad portfolio of manufacturing facilities that produce lumber, engineered wood products such as laminated veneer lumber (LVL), oriented strand board (OSB) and plywood, as well as medium density fibreboard (MDF), particleboard, pulp and paper. West Fraser’s integrated production model spans harvesting, milling and finishing, allowing it to serve a wide range of residential, commercial and industrial construction markets.

Founded in 1955 as West Fraser Mills, the company has grown through both organic investment and strategic acquisitions to become one of the largest lumber producers in the world.